Tata Motors shares will be in focus on Tuesday after its high-end lorry arm, Jaguar Land Rover (JLR), reported a 10.7% year-on-year (YoY) decrease in wholesales to 87,286 units in the AprilJune quarter (Q1FY26).
The dip remained in line with expectations, amid a planned wind-down of older Jaguar designs and disruptions brought on by new United States import tariffs.Retail sales for the quarter also fell 15.1% YoY to 94,420 systems, showing more comprehensive challenges throughout the duration.
On a sequential basis, wholesales decreased 21.7%, while retail volumes dropped 12.8% compared to Q4FY25.Also Read: Street favourite! 10 BSE large-cap stocks analysts anticipate to rally as much as 70%The UK was the most affected market, with wholesales down 25.5% YoY, due to the cessation of Jaguar XE, XF, and F-TYPE production in May 2024, part of JLRs transition toward electric vehicles.North America and Europe likewise registered declines of 12.2% and 13.6% respectively.
On the other hand, volumes rose in the MENA region (20.5%), Overseas markets (4.6%), and China (1%).
Live EventsDespite lower volumes, JLR continued to concentrate on high-margin cars.
The combined share of Range Rover, Range Rover Sport, and Defender models rose to 77.2% of total wholesales, up from 66.3% in Q4FY25 and 67.8% a year ago, highlighting a more powerful premium tilt in its portfolio.The company noted that the sales decline in the US was because of a short-term pause in deliveries throughout April, following the execution of fresh tariffs.Also Read: 10 Nifty smallcap stocks experts anticipate to rally approximately 72%JLRs financial results for the quarter are expected in August.Tata Motors stock is down 30% over the previous 12 months, but has actually provided an impressive 530% return over the last 5 years.
The business market capitalisation presently stands at Rs 2,53,597 crore.(Disclaimer: Recommendations, recommendations, views and opinions provided by the specialists are their own.
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